SEEK : Notification regarding unquoted securities - SEK

Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary

For personal use only

Entity name SEEK LIMITED

Date of this announcement Friday April 01, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

Total number of

ASX +security	+securities to be
code	Security description	issued/transferred	Issue date
SEKAK	OPTION EXPIRING VARIOUS DATES EX	5,916	30/03/2022
VARIOUS PRICES
SEKAP	RESTRICTED RIGHTS	2,975	30/03/2022
SEKAJ	PERFORMANCE RIGHTS	1,128	30/03/2022

Refer to next page for full details of the announcementNotification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesPart 1 - Entity and announcement details

For personal use only

1.1 Name of entity SEEK LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type ABN

1.3 ASX issuer code SEK

1.4 The announcement isNew announcement

1.5 Date of this announcement 1/4/2022

Registration number 46080075314

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

For personal use only

ASX +security code and description

SEKAK : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued 30/3/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Refer to Note 25 of SEEK's 2021 Financial Report:https://www.seek.com.au/content/media/2021-08-24-SEK-Appendix-4E-and-Full-Year-Statutory-Accounts.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification Wealth Sharing Plan (WSP) Options:

• (a) Exercise price - $34.40

• (b) Earliest exercise date - 1 July 2025

• (c) Expiry date - 30 June 2026

Each WSP Option is a conditional right to be allocated one fully paid ordinary share in SEEK. The WSP Options are subject to a Threshold Share Price Hurdle vesting condition which is measured over a three year vesting period (1 July 2021 to 30 June 2024). There is a graduated vesting schedule with 50% vesting occurring at a Threshold Share Price Hurdle ($34.40), 100% vesting occurring at a Stretch Share Price Hurdle ($36.64) and pro-rata vesting taking place between these points. All of the WSP Options will lapse if the Threshold Share Price Hurdle vesting condition is not satisfied. Any WSP Options that do not vest following application of the graduated vesting schedule also lapse. If the WSP Options vest, they will be subject to an exercise restriction period until 30 June 2025.

Issue details

Number of +securities

5,916

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

ASX +security code and description

SEKAJ : PERFORMANCE RIGHTS

For personal use only

Date the +securities the subject of this notification were issued 30/3/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Refer to Note 25 of SEEK's 2021 Financial Report:https://www.seek.com.au/content/media/2021-08-24-SEK-Appendix-4E-and-Full-Year-Statutory-Accounts.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

WSP Rights:

• (a) Exercise price - Nil

• (b) Earliest exercise date - 1 July 2025

• (c) Expiry date - 30 June 2026

Each WSP Right is a conditional right to be allocated one fully paid ordinary share in SEEK. The WSP Rights are subject to a Threshold Share Price Hurdle vesting condition which is measured over a three year vesting period (1 July 2021 to 30 June 2024). There is a graduated vesting schedule with 50% vesting occurring at a Threshold Share Price Hurdle ($34.40), 100% vesting occurring at a Stretch Share Price Hurdle ($36.64) and pro-rata vesting taking place between these points. All of the WSP Rights will lapse if the Threshold Share Price Hurdle vesting condition is not satisfied. Any WSP Rights that do not vest following application of the graduated vesting schedule also lapse. If the WSP Rights vest, they will be subject to an exercise restriction period until 30 June 2025.

Issue details

Number of +securities

1,115

ASX +security code and description

SEKAP : RESTRICTED RIGHTS

Date the +securities the subject of this notification were issued

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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